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19 Top IRS Officers Deputed In IT Department See Reshuffling
Over a dozen top-ranking IRS officers have been given new postings and transfer orders to head the country-wide income tax department assessment ranges and specialised wings, an official communication said. The order was issued by the Central Board of Direct Taxes ...
Top Irs Officers Deputed In It Department See Reshuffling

G-7 Nations: Sign Key Pact To Ensure Tech Giants Pay Fair Taxes
The world's richest countries signed a landmark global agreement Saturday to confront tax avoidance and make sure that giant tech companies pay their fair share, Britain's treasury chief said. Treasury chief Rishi Sunak said finance ministers from the Group of ...
What is Tax Evasion? How to Report Tax Evasion in India?
Paying taxes is a burden for many, individuals often come up with ways to escape or reduce the burden. But do you know that failing to pay taxes accurately can lead to criminal charges? Tax evasion occurs when a person or corporation unlawfully ...
What Is Tax Evasion How To Report Tax Evasion In India
Budget 2021: Health & Education Cess Could Go By Up To 2%
The central government is considering hiking health and education cess by up to 2% to fund healthcare expenditure, a CNBC-TV18 report said quoting sources. The report said that the Revenue Department of the Finance Ministry is reviewing such a proposal currently ...
Budget 2021 Health Education Cess Could Go By Up To
CBDT Offers One-Time Relaxation On Verification Of ITRs
The CBDT on Monday launched a one-time relaxation for verification of ITRs of e-ITRs of AYs 2015-16 to 2019-20 pending due to non-filing of the ITR-V form. The department said that there is still pendency in respect of processing of filed ...
Cbdt Offers One Time Relaxation On Verification Of Itrs
3 Important Financial Changes For NRIs Returning To India
Amid the worldwide COVID-19 crisis, many non-resident Indians (NRIs) lost their jobs. Especially those engaged in the service sectors like hospitality, travel or other client-facing businesses have seen pay cuts and layoffs in India as well. News reports suggest that many ...
No Proposal To Reduce Taxes On Petrol, Diesel: Sitharaman
On Monday, Finance Minister Nirmala Sitharaman informed the Lok Sabha that there is no proposal to reduce taxes on petrol and diesel. She added that nowhere in the world do the prices of petrol and diesel remain steady for a particular ...
No Proposal To Reduce Taxes On Petrol Diesel Sitharaman
Tax Laws To Follow If You Pay House Rent To An NRI Landlord
Indians who have moved abroad temporarily or permanently do not always sell-off their property before they leave. Some make strategic investments in real estate for income purposes while some rent out their inherited house. There are also foreign citizens who own ...
Tax Laws To Follow If You Pay House Rent To An Nri Landlord
How To File Income Tax Related Complaints?
You may not have received your tax refund despite filing your Income Tax Returns (ITR) on time or you may have other concerns that you wish to bring to the tax department's attention. The Central Board of Direct Taxes (CBDT) has ...
How Does Faceless Income Tax Assessment Work?
After founder of the country's largest coffee chain, VG Siddharta, committed suicide in July and allegedly left a letter that said that he was harassed by tax authorities, the government fastened the process to implement the faceless income tax (IT) assessment. ...
How Does Faceless Income Tax Assessment Work
5 Tax Changes That Become Effective From 1 September 2019
There were two Union Budget sessions pertaining to this financial year (2019-20) due to the general assembly elections held in April-May period. As a result, tax changes announced during the post-election budget session, that was held on 5 July, will be ...
Tax Changes That Become Effective From 1 September
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